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Systemic financial crises have become a common, albeit infrequent, feature of the global financial landscape.
Since 1980, nearly every country has been affected by serious financial distress or systemic financial crises. Resolution of such crises requires a complex mix of ...

Banking sector problems have affected many IMF member countries, and measures to remedy these problems
as well as to prevent their recurrence deeply concern central bankers and policymakers. the papers and comments published in this volume and edited by Charles ...

This study shows empirically that gender inequality and income inequality are strongly interlinked, even after
controlling for standard drivers of income inequality. The study analyzes gender inequality by using and extending the United Nation’s Gender Inequality Index (GII) to cover ...

Low-income countries were hit especially hard by sharp increases in world food and fuel prices
in 2007-08 and the global financial crisis that followed. In response, the International Monetary Fund scaled up its financial assistance to low-income countries and revamped ...

This paper evaluates the Philippines’ experience with different exchange regimes since 1970. It argues that
the shift to a flexible regime was crucial to restoring external viability and generating an export-led economic take-off, but that mixed performance in meeting money ...

The concomitant external shocks experienced in 2008-09 by the East African Community (EAC) countries of
Kenya, Rwanda, Tanzania, and Uganda and stepped-up support by the IMF—including the SDR allocation—and other donors, are likely to arouse renewed interest in the question ...

These guidelines are intended to assist countries in strengthening their policy frameworks for reserve management
so that they can become more resilient to shocks that may originate from global financial markets or within the domestic financial system. The guidelines have ...

Fiscal policy seeks to equilibrate the public sector's financing needs with the private sector's demand
for investment and a sustainable balance of payments. Correct measurement of the public sector's net use of resources is therefore an important prerequisite for managing ...